What withdrawal fee do you consider as fair in gambling sites?

[maydna]

The withdrawal fee I consider to be fair will be 10k sat - 50k sat but only some gambling websites which use that amount of the fee to send the withdraw. Sometimes the fee will be bigger because I have that experience in the past, but I don't mind as long as the bitcoin amount can arrive in my wallet without waiting for a long time. But for 0.001 btc as the withdrawal fee will be too big and I don't think that gamblers will comfort with that because their money will reduce to big too.

[NavI_027]

i think on fortunejack there is no withdraw fee ?
But sadly the most other casinos where iam playing have fixxed fees like 0.001 XD

Which casinos charges fees that high? Most casinos that I know charges fees lower than BTC.001

The gambling site I tried so far is windice. Their trasaction fee for every payout is at .0009+ which is very reasonable for me because my money got already transferred to my wallet just few minutes after. I don't know to your perspective if it's really good since I haven't tried other sites for comparison but I'm definitely satisfied with their service .

Ps: I'm not shilling.

[Bitinity]

We do only prefer 2 option which is;
-Dynamic
-Fixed low fee

I have seen some gambling sites that do have fixed fees no matter what the situation of the entire network specially going from high to low.

Basically we have 3 options, one missing option is the "free one". There are still some sites charges no fees on withdrawal such as sportsbet.io and fortunejack. For me, as long as the withdrawal fee is reasonable enough compared to the mempool then I can say that it is fair. Reasonable means that is not much higher compared to the latest fastest and cheapest fees for the transaction.
Win-win solution fee should be the dynamic fee imho, so players can choose which priority fee for their withdrawal.

[jrrsparkles]

I think acceptable fees are 0.001 btc , 0.0005 btc then 0.0002 btc and below like for me this is affordable so this are fair for us users

Still i think better if the fee is only low like every transaction of btc because when we deposit in their gambling site because we already pay for that then actually i don't like to pay every withdrawal like i want one fee only for 3 times withdrawal

There should be no fixed withdrawal fee,and the only fee should have to be collected it miner fee which sounds good because gambling sites already making through bets then why they are making few bucks via withdrawal process which is really not necessary.

[Ayiranorea]

Upto 0.0002btc seems to be a fair amount for withdrawal. These days most of the gambling websites aren't charging any big fees on withdrawal. Most of the time before withdrawing funds I used to go for a roll on dice or other games to compensate my withdrawal fee.

[omonuyak]

What I do not consider fair is when only a huge fixed fee is proposed, like 0.001 BTC. That really discourage crypto gambling in my opinion.

It is heartbreaking to see a fixed rate during withdraws and I have felt pain after see minimum withdraw of 0.002bt at stake.com. it means you cannot withdraw your funds except you have up to 0.002bt. It will be good if those terms are reviews and flexible fees that charge on percentage are introduced.

[leowonderful]

I'd gladly wait for my withdrawal to be batched with others if I don't have to pay for the withdrawal fees like FortuneJack's system, even if it does take a little while for my funds to get sent out. Allowing customers to withdraw through this method or to pay a fair rate at something like 0.0005BTC-0.001BTC or potentially dynamic fees based on data from a site like https://bitcoinfees.earn.com/ for immediate withdrawal would work well too, though to my knowledge no site does this yet. I might be estimating on the higher side for immediate withdrawals considering I'm used to Bitmex withdrawal fees, but it's fair for a quick withdrawal IMO.

[STT]

Problem with a fixed fee is when its not changed after BTC price changes greatly as we all know it can in some years.   An old website I used to use alot did not change their withdrawal fee in over five years, hence it was something unbelievable like 0.1 BTC to withdraw.    Even on the December low I could never contact them for a withdrawal without spending time to negotiate for something more reasonable.    Basically the place was shuttered, they didnt want to deal with small fry. 

The real question I think is about speed, people should be allowed to withdraw at lowest slowest cost.   If you also want 'instant' withdrawal then you take the hit and maybe it would be $10 but I presume if you are a fast money guy then 10 dollars is fine so long as the service to withdraw is also instant delivery.    
   I would relate this to cash machines, some are free in some countries and some cost a small fortune depending on the currency and the cash used, location and so on.     If you want convenience then its always going to cost some.   I would like the pauper option to always be there for the people withdrawing scraps from their account, perhaps because they went broke which happens to everyone at some point in life.   Not everyone can phone the parents for a small loan of 1 million, its nice to provide a fallback option for people ideally.

The other idea is alt coins, some of which are very cheap to transact.

[ralle14]

Which casinos charges fees that high? Most casinos that I know charges fees lower than BTC.001

The gambling site I tried so far is windice. Their trasaction fee for every payout is at .0009+ which is very reasonable for me because my money got already transferred to my wallet just few minutes after. I don't know to your perspective if it's really good since I haven't tried other sites for comparison but I'm definitely satisfied with their service .

Ps: I'm not shilling.

You've mistaken their minimum withdrawal amount and withdrawal fee. Last time i've played on windice and requested a withdrawal I paid BTC.0002 which was the highest limit for their fees. You'll only get charged .0009 for fees if you're using ETH because their fee is up to .001.

With BITCOIN gambling it should be a common norm to not have to pay to get your money
This is why I use sportsbet and bitcasino which are both casinos who dont charge not even a single satoshi to get my money
And I can withdraw my money unlimited amounts of times

When fees weren't a big problem back then most casinos don't have require miner fees.

[Hypnosis00]

i think on fortunejack there is no withdraw fee ?
But sadly the most other casinos where iam playing have fixxed fees like 0.001 XD


regards

Tell me which the most of casinos you have played have fixed fess at 0.001 btc? IIRC, the highest fees on gambling site is Bitsler, which set their highest fees on 0.0006 btc as priority, 0.0004 high and 0.0002 as normal. I never had 0.001 btc withdrawal fee in any of gambling sites i've ever played.

I think he's wrong, it maybe isn't in the gambling site it possible for exchanges cause that is usually they've asked for in every time we do a withdrawal.
I've been using windice and the price won't go that much...I've paid 0.00006btc last time and ever since it never reaches into 0.001btc..

Or, He'll might be pointing out into scam sites and asking for high fees.

[NavI_027]

[snip]

You've mistaken their minimum withdrawal amount and withdrawal fee.

Oh! I'm so sorry my bad, I probably get hyped while typing that's why I post it right away without thinking it twice .

[sheenshane]

snip-

Tell me which the most of casinos you have played have fixed fess at 0.001 btc? IIRC, the highest fees on gambling site is Bitsler, which set their highest fees on 0.0006 btc as priority, 0.0004 high and 0.0002 as normal. I never had 0.001 btc withdrawal fee in any of gambling sites i've ever played.

A fixed fee isn't fair for me, just IMO. It should have an option that we can choose whether high, normal and low. In MintDice they had choices on fees too that already set on "Economy fee, -0.0002, Normal Fee, -0.00032, and the highest fee which is Priority fee is 0.0004". I never try to withdraw yet on this gambling platform since it is new and I trying to make a profit in every betting and I hope I can make it.

Anyway, always check the fee and the gambling site before you have made a deposit or always read the FAQ. I think that 0.001btc fees are too much.

[libert19]

I have never used Bitcoin for betting, I use betting platforms on steem/eos, these chains do not have any fees for transfers.

All in all, I pay 0 withdrawal fees.

[michellee]

Personally I prefer the primedice approach: fixed low fee and in case of clogged mempool the site "take the hit".

I also accept a dynamic fee based on mempool state, or a priority approach (pay more if you are in a hurry)

What I do not consider fair is when only a huge fixed fee is proposed, like 0.001 BTC. That really discourage crypto gambling in my opinion.

If the withdrawal fee is like 0.001 btc, then I will withdraw that money and moves to the other gambling website because I don't feel right to stay in that site. I think the fee will be too big and I think that the sites can lower their withdrawal fee, so we don't think that they want to get bigger profit from the members. But if they don't want to lower the fee, I am sure that the member will leave the site and they will search for another website which has a lower fee for withdrawal.

[mitchr4]

I have never used Bitcoin for betting, I use betting platforms on steem/eos, these chains do not have any fees for transfers.

All in all, I pay 0 withdrawal fees.

Using a different platform might be an alternative for gamblers who have problems with withdrawal fees. But enthusiasts from the platform are not as many people who use Bitcoin to gamble. So far the fair site is Sportsbet as long as I play there they don't have any withdrawal fee. On other sites like Windice have a fee below 10k satoshi, I think around 10k to 20k satoshi is quite fair.

[emberbekas]

Personally I prefer the primedice approach: fixed low fee and in case of clogged mempool the site "take the hit".

I also accept a dynamic fee based on mempool state, or a priority approach (pay more if you are in a hurry)

What I do not consider fair is when only a huge fixed fee is proposed, like 0.001 BTC. That really discourage crypto gambling in my opinion.

In bitsler, there are three types of fees we can choose from. 10k satoshi (low), 20k satoshi (normal) and 60k satoshi (high) fees. Then we can choose which one suits our condition when we want to make a withdrawal. Low if we are not in a hurry, normal and/or high fees when we want to get immediate confirmation. I think that is the best approaches!

[shoreno]

if im not mistaken i think primedice has a high withdrawal fee and thier withdraw threshold is also high . i have tried and tested them before but i dont know if they have change now because im not really active on thier site these past months  .

 like you i also like the idea that we can choose a transaction ( e.g high , mid , low priority transaction ) but most of the gambling sites that i visited dont have these options yet  . i only see this feature so far on freebitco .

[swogerino]

I like if the gambling company takes all the costs of processing withdrawals as I think they have the money to do so.
Sportsbet.io so far processes the withdrawal instantly and I haven't seen any fees being involved,whenever I withdraw the minimum of 2mBtc always 2mBtc arrive in my btc wallet.

[btc78]

I like if the gambling company takes all the costs of processing withdrawals as I think they have the money to do so.
Sportsbet.io so far processes the withdrawal instantly and I haven't seen any fees being involved,whenever I withdraw the minimum of 2mBtc always 2mBtc arrive in my btc wallet.

Well all of us dreaming of one day gambling sites will cover the fees upon withdrawals but we also know that this is impossible to happen as gambling companies don’t care about our needs but for what they will earned only

I think just like what OP mentioned Primedice and other similar like this is what I prefer on who’s asking fix fees(but not advisable for small bettors because this will pain them withdrawing.004 to be less by .001 😂

[crwth]

I understand that the fees situated by the network are volatile too, there are a lot of high fees depending on the congestion of transactions happening. If I were to choose with how I can withdraw in different services that I'm using, I would use the fair and let the network decide. Imagine having a low fee transaction be charged with a high rate like 0.001 BTC. That's a lot of hard work in gambling compared to paying the right amount and what you would naturally pay. One thing that the service could do is collect all the withdrawals and turn into one transaction then save in TX fees. I think that's what they are doing but at least keep the players some BTC to play too.